GQFX Review

About GQFX

GQFX (operated under the names GQ Capital Inc. and GQ Capital Markets Limited) states a headquarters at 104 Island Lane, Olde Towne, Sandyport, Nassau, The Bahamas and a founding year of 2017, offering MT4 trading platforms compatible with Mac, Windows, iOS and Android, with support available via phone and email; languages supported include Chinese, English and Vietnamese, and a maximum leverage advertised of 1:100 with a minimum deposit claimed at USD 100 and account types described as live and demo. Sources include the firm’s official site and summary data. ()

The firm claims regulation by the Securities Commission of The Bahamas (license number SIA‑F206) and the Belize Financial Services Commission (license number IFSC/60/445/TS/19), but multiple independent reviews classify these claimed licences as unverified or “suspicious clone”, and note that the Bahamas licence is no longer authorised. No evidence from official regulator registers confirms these licences. ()

Pros and cons

Pros

• Provides MetaTrader 4 platform across major operating systems ()
• Offers both live and demo account types ()

Cons

• Licences claimed with regulators are unverified or classified as “suspicious clone” (Bahamas licence reportedly no longer authorised) ()
• Minimum deposit and account specifics only partially confirmed, with conflicting or limited data ()
• Spreads reportedly higher than industry norms ()
• Reputation and regulatory compliance flagged with high caution by industry watchers ()